Tesla set new quarterly records for vehicle production and deliveries in the third quarter, according to data released on Sunday. Shares were up 4 percent in premarket trading.
Meanwhile, final September manufacturing PMIs are due Monday at 9.45 a.m. ET, followed shortly afterwards by ISM manufacturing figures and construction spending data. New light vehicle sales for September are also expected on Monday. There are no corporate earnings releases of note.
On Friday, U.S. equities closed sharply higher as Deutsche Bank shares rebounded amid a report that the German banking giant was near a settlement with the Justice Department. Europe shares were trading mostly flat on Monday, amid caution over the banking sector with no official deal being announced between Deutsche Bank and the DOJ. Germany's DAX index was closed on Monday for a national holiday.
In business news, fund management firms Janus Capital and Henderson Group announced an all-share merger. Shares of U.K.-listed Henderson surged over 16 percent. Other firms in the sector also pushed higher including Aberdeen Asset Management and Jupiter Fund Management.
—CNBC's Arjun Kharpal and Fred Imbert contributed to this report.
CORRECTION: This story has been updated to reflect Tesla Motors reported third-quarter vehicle deliveries and production. A previous version of this story misstated the data points.